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Lake Havasu City, AZ Real Estate


According to census data in the year 2000 there were 22,991 housing units in Lake Havasu City. This represents a 79% growth from 12,845 in 1990.

Of those housing units, 21,957 were located in either urbanized areas or urban clusters, and 1,034 were located in what is classified as a rural area.

Homeownership rate in Lake Havasu City is about 77.7%. Lake Havasu City's vacancy rate, including seasonal lodging, is about 22.2%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Lake Havasu City were built after 1988.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom6.90%
Two Bedrooms32.90%
Three Bedrooms54%
Four Bedrooms4.60%
Five Bedrooms or more0.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1989
Median Value of occupied units$98,500
Median Price asked for vacant units$101,800

Rented Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1984
Median Monthly Rent asked for vacant units$476

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage7%
Home Equity Loan7.70%
Simple Mortgage51.20%
Debt Free33.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.8%